Discover the best NFT utility ideas to enhance your project's value and attract investors. Unlock the potential of NFTs with our comprehensive guide today!

1. 15 Best NFT Utility Ideas in 2023
[NFT Ideas To Sell]
July 5, 2023 by Shivakumar K N
Are you ready to dive into the exciting world of NFTs and explore their endless possibilities in
the digital era? In this blog, we will take a deep dive into the top 10 best NFT utility ideas
in 2023 that are revolutionizing the way we think about digital assets. From giveaways and
airdrops to memberships and augmented experiences, we will explore how these utility ideas
can add value and enhance your NFT project.
Whether you’re an artist, collector, or investor, understanding the power of NFT utilities is
crucial for your successful strategy. So, join us as we uncover the innovative ways NFTs are
being utilized and how you can leverage these ideas to stand out in the digital landscape.
Categories
Latest Posts
Technology Gaming Top 10 List Web Stories
Rate this post
Table of Contents
1. What Is an NFT Utility?
2. Exploring Popular NFT Utility Examples
3. How Can NFTs Add Value to Projects?
4. Utility NFTs vs Regular NFTs
5. Best NFT Utility Ideas in 2023
5.1. Giveaways or Free Services
5.2. Physical Twins
5.3. Airdrops as Utility NFT Ideas
5.4. Membership Passes or Token Gates
5.5. Rewards Retribution
5.6. Shares as Utility NFT Ideas
5.7. Tickets for Real Events
5.8. Gaming Systems
5.9. Augmented Experiences
5.10. NFTs in Music
5.11. NFTs in Social Media
5.12. NFTs in Education
5.13. NFTs in Business
5.14. NFTs in Healthcare
5.15. NFTs in Real Estate
6. Best practices for adding utility to your NFT project
7. Conclusion
Apps
Blockchain
Cryptocurrency
Custom ROMs
Discord
Gaming
NFT
PC-Games
Technology
VR & AR
YouTube
15 Best NFT Utility Ideas in
2023 [NFT Ideas To Sell]
OpenSea Competitors and
Alternatives in NFT
Marketplace 2023
Where to Sell NFT Art? 15
Best NFT Marketplace for
Artists 2023

2. What Is an NFT Utility?
NFT utility ideas refer to the incorporation of additional functionality and value into non-
fungible tokens (NFTs). NFTs are unique digital assets that are stored on a blockchain, making
them verifiable and immutable. While NFTs hold inherent value as collectibles or digital art
pieces, adding utility to them introduces new possibilities.
Exploring Popular NFT Utility Examples
One successful example of NFT utility is the Bored Ape Yacht Club. This project offers unique
digital art collectibles, but it goes beyond that by providing access to exclusive events,
merchandise, and even virtual reality experiences for token holders. Popular NFT utility
examples include providing unlockable content to buyers, granting royalties to artists for
subsequent sales of their NFTs, and integrating NFTs with virtual reality platforms for
immersive experiences.
How Can NFTs Add Value to Projects?
NFTs have the potential to add significant value to various projects. By integrating utility,
NFTs can enhance user experiences, increase scarcity, and unlock exclusive features. This
added value can attract more participants and generate additional revenue.
Utility NFTs vs Regular NFTs
Utility NFTs offer value beyond just ownership of the token, giving NFT holders additional
benefits. On the other hand, regular NFTs merely represent the digital ownership of specific
digital assets.
Best NFT Utility Ideas in 2023
1. Giveaways or free services
2. Physical twins
3. Airdrops as utility NFT ideas
4. Membership passes or Token gates
5. Rewards retribution
6. Shares as utility NFT ideas
7. Giveaways or free services
8. Tickets for real events
9. Gaming systems
10. Augmented Experiences
11. NFTs in Music
12. NFTs in Social Media
13. NFTs in Education
14. NFTs in Business
15. NFTs in Healthcare
16. NFTs in Real Estate
Giveaways or Free Services
One exciting way to explore the potential of NFT utility ideas is through giveaways or free
services. These strategies allow businesses to leverage the popularity and uniqueness of
NFTs to attract users and build a strong community. Companies can create limited-edition
NFTs that offer exclusive access to special features or benefits within their platform. By using
NFTs as giveaways, businesses can reward their loyal customers with unique digital
collectibles or unforgettable experiences. Whether it’s using NFTs as tickets for events,
offering limited edition digital artwork, or providing exclusive content, giveaways, and free
services with NFTs open up a new world of possibilities for engagement and support.
8. FAQ
8.1. Why are NFT utility ideas important?
8.2. Who takes part in an NFT Project?
8.3. What are the best NFT utility ideas for sellers?
8.4. What does it mean to add utility to your NFT?
8.5. How can the value of an NFT increase by adding utility?
8.6. How can an NFT creator create utility for their NFT project?
8.7. What are some great NFT utility ideas for 2023?
8.8. How can I add utility to the tokens in my NFT collection?
8.9. What is the importance of utility to your NFT project’s success?
8.10. What happens if the utility of an NFT is gone?
8.11. Can you provide utility to an existing NFT?
8.12. What are some ways NFTs with utility can be used in the real world?
10 Best NFT Jokes and
Memes to Share with Friends

3. Physical Twins
NFT utility ideas extend beyond the realm of digital assets. They also encompass creating
digital representations or “twins” of physical assets like artwork or collectibles. By utilizing
blockchain technology, these digital twins can be easily bought, sold, and traded, providing
increased liquidity and accessibility. Furthermore, NFTs offer proof of ownership and
provenance for physical assets, minimizing the risk of fraud and ensuring their authenticity. In
addition to these benefits, physical twins can unlock exclusive experiences and privileges for
their owners, including access to special events and limited-edition merchandise. This
widening scope of NFT utility presents exciting opportunities for creators and collectors alike.
Airdrops as Utility NFT Ideas
Airdrops, being a popular utility idea in the NFT space, can reward holders of certain NFTs
with additional tokens or benefits. These airdrops create a sense of exclusivity and value,
incentivizing collectors to keep their NFTs. Utility NFTs also grant access to exclusive content
and experiences, such as virtual events or digital artwork. Some projects are even exploring
the use of utility NFTs for governance, allowing holders to participate in decision-making
processes. Additionally, the potential for NFTs to serve as collateral or staking assets adds
further utility to the space. As the NFT market evolves, new and innovative ideas will emerge
for the benefit of creators and collectors.
Membership Passes or Token Gates
Exclusive memberships and access passes are one of the most intriguing utility ideas for
NFTs. By implementing token gating, creators can offer restricted content and features to
owners of specific NFTs, creating a sense of exclusivity and value. These memberships come
with perks such as special events, discounts, and early access to new releases, making them
highly desirable among NFT holders. However, it is crucial to carefully plan and consider the
target audience and user experience before implementing membership passes or token
gates.
Rewards Retribution
NFTs have revolutionized the way brands can reward users and incentivize desired behaviors.
Loyalty programs, for example, can utilize NFTs as rewards, granting exclusive access to
events, content, or experiences. Creators can also tap into the potential of NFTs by offering
limited-edition digital artwork or collectibles, allowing fans to directly support them while
earning potential future rewards. In addition, brands can create unique promotional
campaigns that offer special-edition items or experiences exclusively available through NFT
ownership. The utility of NFTs extends beyond the digital realm, making them applicable in
areas such as ticketing, identity verification, and supply chain tracking. From loyalty rewards
to exclusive digital collectibles, NFTs provide exciting opportunities for both creators and
collectors.
Shares as Utility NFT Ideas
Shares as utility NFT ideas provide companies and organizations with an innovative way to
offer ownership or membership rights. By leveraging NFTs to represent shares, individuals
can engage in easy buying, selling, or trading of their ownership stakes. This concept
enhances liquidity and ensures transparency and immutability through the power of
blockchain technology. Moreover, companies can harness the potential of NFT shares for
crowdfunding campaigns, granting investors digital ownership stakes. Embracing shares as
utility NFTs empower businesses to transform their ownership structures and unlock new
avenues for development.
Tickets for Real Events
NFT tickets, utilizing blockchain technology, offer a unique and secure solution for real-world
events. By utilizing the power of blockchain, event organizers can issue NFT tickets, ensuring
verified authenticity and preventing counterfeiting. These NFT tickets can be easily
transferred and resold on blockchain platforms, creating an efficient secondary market for
ticket sales. Moreover, organizers can provide limited-edition or VIP tickets, offering exclusive
access and additional perks to ticket holders. With NFT ticketing, event organizers can
revolutionize the ticketing industry by providing a seamless and secure method for attendees
to experience real-world events.
Gaming Systems
NFTs have become a game-changer in the gaming industry, offering players the ability to own
and trade one-of-a-kind in-game items. These unique digital assets provide scarcity and
exclusivity, making them highly coveted by gamers. Moreover, certain games have

4. incorporated NFTs as a means for players to derive real-world value from their in-game
accomplishments and possessions. Through the use of blockchain technology and smart
contracts, these utility NFTs have the potential to transform the gaming landscape by
introducing innovative revenue streams for developers and granting players genuine
ownership over their virtual assets.
Augmented Experiences
In the digital era, NFT utility ideas have revolutionized augmented experiences. The
integration of Non-Fungible Tokens (NFTs) allows creators to amplify their artwork or
performances by overlaying captivating interactive elements on the physical world. Imagine
a masterpiece evolving into a living entity with mesmerizing 3D animations or a concert that
enthralls the audience with a fusion of music and breathtaking visual effects.
Moreover, NFTs empower gaming enthusiasts to unlock exclusive features or collectible
items within their virtual realms, bestowing them unique and immersive experiences.
Additionally, businesses can tap into the potential of NFTs to ingeniously offer their customers
exclusive access to VIP experiences or limited-edition merchandise, fostering a sense of
exclusivity and creating unparalleled engagement. By embracing NFT utility ideas, individuals
and enterprises alike can ride the wave of innovation and redefine augmented experiences in
the ever-evolving Web3 landscape.
NFTs in Music
Non-fungible tokens (NFTs) have become increasingly popular as a way to monetize digital
content, especially in the music industry. NFTs can be used to secure ownership rights, create
rare digital music releases, and even help artists generate streaming royalties.
NFTs for music ownership rights: Using NFTs to secure music ownership rights is a
great way to protect the artist’s work and create a unique digital asset. NFTs allow the
artist to have control over their work, as they can set the terms for how their music is
used and set their pricing. This helps ensure that the artist is compensated for their
work and has the right to control the distribution of their music.
NFTs for rare digital music releases: Using NFTs to create rare digital music
releases is becoming more popular among artists. With NFTs, an artist can create a
unique version of their work and offer it to their fans for purchase. This can be done in
the form of a special edition album, limited-edition vinyl, or even a one-of-a-kind track.
This is a great way for an artist to create special experiences for their fans and
generate additional income.
NFTs for music streaming royalties: One of the most exciting uses of NFTs in the
music industry is for generating streaming royalties. With NFTs, an artist can create a
unique digital asset that represents a share of their streaming royalties. This allows the
artist to have more control over how they are compensated for their work. This is also
beneficial for fans, as it allows them to support their favorite artist directly and gain
access to exclusive content.
Overall, NFTs are a powerful tool for artists in the digital era. Not only can they use NFTs to
protect their creative work, but they can also use them to create unique digital music
releases and generate streaming royalties. This is a great way for artists to maximize their
potential income and create exciting experiences for their fans.
NFTs in Social Media
Social media is one of the most popular ways for people to connect and share media and
information online today. And with the rise of non-fungible tokens (NFTs) in the digital era,
new opportunities are becoming available to users on social media platforms.
NFTs are digital tokens on a blockchain that represent unique digital assets. These tokens
verify the ownership of the asset, making them ideal for use in social media settings. Here
are some of the ways NFTs can be used in social media:
NFTs for digital media ownership: NFTs can be used to assign ownership of a digital
asset to one individual. This can be used on social media platforms to give users the
ability to store and protect their digital content, such as images, videos, and music.
NFTs can also be used to prevent third parties from using or profiting from the asset
without the user’s permission.
NFTs for rare content: By using NFTs, users can create and share rare and exclusive
digital content that is only available to certain individuals or groups. This could take the

5. form of special access to content or unique pieces of digital art. This type of content
can be used to create new ways to engage users on social media and reward them for
being involved with the platform.
NFTs for content monetization: NFTs can also be used to create new ways to
monetize content on social media. By creating NFTs that represent digital content,
users can set a specific price for their work and have others pay them for it. This type
of monetization could provide new revenue streams for content creators and could
even be used to sponsor influencers and other users on the platform.
Overall, NFTs offer a lot of potential for social media platforms and users alike. With the ability
to assign ownership of digital assets, create rare content, and monetize content, NFTs provide
users with a way to get more out of their social media experience.
NFTs in Education
Non-Fungible Tokens (NFTs) are quickly revolutionizing the educational space with their
innovative and transformative use cases. NFTs are seen as game-changers in the education
sector due to their ability to provide several tangible benefits to both learners and educators.
This article will explore the top 10 NFT utility ideas for education and their potential to
enhance the learning experience for all stakeholders.
NFTs for Educational Certificates: One of the most popular uses of NFTs in the
educational space is for digital certificates of completion. NFTs allow learners to
securely store their digital certificates of completion on the blockchain, which proves
the authenticity and ownership of the certificate. This will help to reduce the amount of
fraud in the academic sector while also providing learners with a safe, secure, and
tamper-proof way to store their certificates.
NFTs for Learning Records: NFTs can also be used to track a learner’s progress in
different courses. NFTs can securely store and transfer data related to a learner’s
performance in a course, which can be used to track the progress of a student or
assess their competency in a particular subject. This data can also be used to inform
decisions about the curriculum and instructional strategies used in a course.
NFTs for Educational Game Assets: NFTs can be used to develop educational games
that are fun and engaging. NFTs can be used to store data related to a learner’s
progress in a game, such as the score, level, and achievements. This data can then be
used to create a leaderboard or reward system for learners who have achieved certain
goals within the game. This will help to motivate learners and keep them engaged in
the learning process.
NFTs for Digital Badges: NFTs can also be used to develop digital badges that
learners can earn for completing different tasks or achieving specified goals in a
course. These digital badges can be used as a form of recognition for a learner’s
progress and achievements in a course. This will help to incentivize learners and
recognize their efforts in the educational space.
NFTs for Online Classes: NFTs can be used to create and manage online classes. NFTs
can be used to store data related to the course, such as the syllabus, assignments, and
exams. NFTs can also be used to securely store information related to a learner’s
progress in the course, such as grade attendance. This data can be used to assess the
performance of a learner and inform decisions about the curriculum and instructional
strategies used in the course.
NFTs for Educational Content: NFTs can be used to store and share educational
content on the blockchain. This will help to ensure that the content remains secure and
tamper-proof while also providing a secure platform for learners to access the content.
This will help to reduce the amount of fraud in the educational space while also
providing learners with a safe and secure way to access educational content.
NFTs for Distance Learning: NFTs can be used to facilitate distance learning. NFTs
can be used to securely store data related to a learner’s progress in an online course,
such as grades and attendance. This data can be used to inform decisions about the
curriculum and instructional strategies used in the course. NFTs can also be used to
securely store and share educational content, such as lectures, resources, and
assignments.
NFTs for Educational Rewards: NFTs can be used to develop a rewards system for
learners who have achieved certain goals in a course. This will help to incentivize
learners and recognize their efforts in the educational space. NFTs can also be used to

6. develop a leaderboard that ranks learners based on their progress in a course. This will
help to motivate learners and keep them engaged in the learning process.
NFTs for Student Records: NFTs can also be used to securely store and transfer
student records. NFTs can be used to store data related to a learner’s academic
performance, such as grades, attendance, and course completion. This data can be
used to inform decisions about the curriculum and instructional strategies used in a
course. It can also be used to assess a learner’s academic progress and help identify
any potential areas of difficulty.
NFTs for Educational Loans: Finally, NFTs can be used to develop a secure and
transparent loan system for learners in the educational space. NFTs can be used to
store data related to a learner’s educational loan, such as the amount borrowed,
interest rate.
NFTs in Business
Non-fungible tokens (NFTs) have emerged as a revolutionary technology for businesses and
individuals in the digital era. These tokens offer an immutable record of ownership, allowing
users to store and trade digital assets securely with their peers. NFTs are being used in a
variety of ways in the business world to create new use cases and opportunities for
enterprises.
NFTs for Digital Asset Trading: One of the most prominent uses of NFTs in the
business world is digital asset trading. Companies are using NFTs to create digital
representations of their assets that can be securely traded on the blockchain without
the need for a middleman. This can include anything from real estate properties to
artworks or any other asset that can be digitized. By tokenizing assets, companies have
access to a global marketplace where they can securely trade digital assets with far
greater convenience and security than traditional methods.
NFTs as Digital Invoices: Another interesting use case for NFTs in the business world
is as digital invoices. Companies can issue digital invoices to their customers via a
blockchain-based invoice system. This system allows customers to view their invoices
on a decentralized ledger, allowing them to track payments and verify transactions.
Additionally, companies can use NFTs to tokenize invoices, making them more easily
transferable and allowing businesses to store and trade them on a secure network.
NFTs for Digital Marketplace Transactions: NFTs are also being used for digital
marketplace transactions. Companies are using NFTs to create digital marketplaces
where buyers and sellers can securely trade their digital assets. This eliminates the
need for a third-party intermediary, significantly reducing the cost and complexity of
trading digital assets. Additionally, the blockchain-based security of NFTs ensures that
buyers and sellers have complete confidence in the legitimacy of their trades.
NFTs for Tokenized Securities: Finally, NFTs are also being used for tokenized
securities. Companies can use NFTs to create tokenized representations of stocks,
bonds, and other securities. This allows companies to issue and trade these securities
on the blockchain, allowing for faster and more secure transactions. Additionally, these
tokens can be used to track ownership and verify transactions, ensuring that the rights
and interests of the token holders are protected.
Overall, NFTs are quickly becoming an essential tool for businesses looking to explore new
use cases and opportunities in the digital era. These tokens are being used in a variety of
ways, from digital asset trading to tokenized securities, allowing businesses to transact
securely and with greater convenience than ever before.
NFTs in Healthcare
The rise of the digital era has seen Non-Fungible Tokens (NFTs) become increasingly
important in modern healthcare. NFTs offer a secure and reliable way to store, manage, and
transfer data, making them ideal for healthcare applications. NFTs have the potential to
revolutionize healthcare, and several potential uses for NFTs could benefit both patients and
healthcare providers. Here are some of the top 10 NFT utility ideas in healthcare:
NFTs for Patient Records: One of the most important uses of NFTs in healthcare is for
patient records. By using NFTs to store sensitive medical information, healthcare
providers can ensure that patient data is secure and can easily be accessed whenever
it’s needed. Additionally, it will enable healthcare providers to quickly and easily access
data from any location.

7. NFTs for Medical Supply Chains: NFTs can also be used to track and manage
medical supply chains. With NFTs, healthcare providers can easily track the movement
of materials from suppliers to patients and ensure that all medical supplies are safe and
secure. NFTs can also be used to easily monitor stock levels and prevent shortages.
NFTs for Healthcare Data Sharing: NFTs can be used to securely share data
between healthcare providers, enabling them to provide better care for their patients.
By using NFTs to store and transfer medical data, healthcare providers can ensure that
the data is secure and can easily be accessed whenever it’s needed.
NFTs for Medical Research: NFTs can also be used to store and transfer medical
research data, making it easier for medical researchers to collaborate and share data in
real time. This could open up new opportunities for medical research and help
accelerate the development of treatments and cures for various illnesses.
NFTs for Clinical Trials: Finally, NFTs can also be used to securely store and transfer
data related to clinical trials. This would enable medical researchers to collect and
analyze data more efficiently and accurately. It could also help speed up the
development of treatments and cures for various diseases and illnesses.
The use of NFTs in healthcare is growing rapidly, and they offer a secure and reliable way to
store, manage, and transfer data. NFTs can be used for a variety of applications in the
healthcare industry, from patient records to medical research. By using NFTs, healthcare
providers can ensure that their data is secure and can access it quickly and easily whenever
it’s needed. This could lead to better care for patients and faster development of treatments
and cures for various illnesses.
NFTs in Real Estate
Non-Fungible Tokens (NFTs) have been rapidly gaining traction in various industries and have
been particularly beneficial for the real estate sector. NFTs are being used to facilitate real
estate transactions and create secure records for ownership. In the digital era, these tokens
are revolutionizing the industry and bringing new levels of efficiency. Here are three ways
NFTs can be used for real estate:
NFTs for Real Estate Ownership: NFTs can be used to represent legal ownership of a
property. For example, a token can be used to represent a deed to a property. This
token can then be used to transfer ownership to another person or group. This is
especially useful when it comes to global transactions, as it eliminates the need for
paperwork and reduces the time for the transaction. NFTs are also beneficial for
investors, as they provide a secure and transparent record of ownership.
NFTs for Real Estate Asset Trading: NFTs can be used to represent assets in the real
estate market. Investors can use the tokens to trade real estate assets, such as shares
in a building or a stake in a development project. This provides a secure and efficient
way to trade real estate assets without the need for lengthy paper processes.
NFTs for Property Management: NFTs can also be used for managing properties.
They can be used to track and store all data related to the property, such as rental
agreements, tenant agreements, and other legal documents. This makes it easier for
property managers to access and track all the information they need. Additionally, NFTs
can be used to facilitate payments, such as rent payments, which can be automated
using smart contracts.
Best practices for adding utility to your NFT
project
In the rapidly evolving world of Non-Fungible Tokens (NFTs), it’s essential to provide additional
utility to your NFT project to enhance its value and increase its appeal to potential buyers.
Firstly, it’s important to offer some unique functionality or benefit that enhances its
intrinsic value. This could be exclusive access to content, ownership rights, or royalties
from future resales.
Secondly, quality content plays a crucial role in determining the success of your NFT.
Creating NFTs with high-resolution digital artwork, engaging stories, or immersive
experiences can make your project attractive. It’s also beneficial to incorporate real-world
applications or integrate with other platforms or services to bring more use cases to your
NFT.

8. Finally, developing a vibrant community around your NFT project can significantly
enhance its value. Regular engagement through social media, blogs, or forums can foster a
strong community, while airdrops or rewards can incentivize people to join and stay active.
The ultimate goal should be to provide tangible and long-lasting utility, rather than just
speculative value.
Conclusion
In conclusion, NFT utility ideas have the power to revolutionize the digital era and
transform how we interact with digital assets. From giveaways and airdrops to
memberships and augmented experiences, there are endless possibilities for utilizing
NFTs in creative and innovative ways. Incorporating these ideas into your NFT project can
add value, engage users, and create a unique experience for collectors.
FAQ
Why are NFT utility ideas important?
NFT utility ideas are important because they expand the possibilities and use cases of non-
fungible tokens. Adding utility to NFTs can attract a wider audience and increase engagement
within the NFT community It also provides new revenue streams for creators and collectors.
Who takes part in an NFT Project?
Participation in an NFT project is open to everyone, including individual artists, well-known
brands, collectors, enthusiasts, developers, technologists, early adopters, and investors.
Artists create NFTs; collectors buy and sell them; and developers and investors contribute to
the infrastructure and funding of NFT projects.
What are the best NFT utility ideas for sellers?
Sellers can leverage NFT’s utility to enhance sales and attract buyers. By offering additional
utility, sellers can differentiate their NFTs from others in the market and provide more value
to potential buyers.
What does it mean to add utility to your NFT?
Adding utility to your NFT means incorporating additional features or benefits for the NFT
owner beyond just ownership of a digital asset. This could involve access to exclusive
content, special rights within an online community, further digital assets, or even real-world
experiences.
How can the value of an NFT increase by adding utility?
The value of an NFT can increase by adding utility because it provides more value to the NFT
owner. For example, an NFT that also gives the owner special privileges or access to
exclusive experiences could potentially be viewed as more valuable than a simple digital
collectible.
How can an NFT creator create utility for their NFT project?
An NFT creator can create utility for their project by listening to their community,
understanding their interests and needs, and offering benefits that meet these needs. This
can be done in various ways, like by offering exclusive content, special events, or earning
potential tied to the NFT.
What are some great NFT utility ideas for 2023?
For 2023, some great NFT utility ideas could include personalized AI companion NFTs, VR-
related experiences, NFTs tied to real-world properties, and utility NFTs used for identity
verification or copyright purposes.
How can I add utility to the tokens in my NFT collection?
You can add utility to the tokens in your NFT collection by providing additional features or
benefits to the holders. This can be done through digital or physical rewards, access to
unique experiences or services, or granting them influence in an upcoming project’s
decisions.
What is the importance of utility to your NFT project’s success?

9. The utility of your NFT project can be crucial for its success. By offering additional benefits
beyond just holding the NFT, it becomes more appealing to potential buyers and can
encourage a stronger, more engaged community around your project.
What happens if the utility of an NFT is gone?
If the utility of an NFT is gone, it could decrease the value of the NFT, as owners may not see
it as valuable without the added benefits. However, it also depends on the kind of utility that
was lost and the unique value proposition of the specific NFT.
Can you provide utility to an existing NFT?
Yes, you can provide utility to an existing NFT. This could be done through smart contracts or
by creating new services or experiences for the existing NFT owners.
What are some ways NFTs with utility can be used in the real world?
NFTs with utility can be used in the real world in numerous ways. For example, an NFT could
grant access to a real-world event, tangible goods, or services, or it could be used to verify
one’s identity, property ownership, or copyright purposes.
NFT
Best NFT Utility Ideas, NFT Utility Ideas
OpenSea Competitors and Alternatives in NFT Marketplace 2023
Leave a Comment
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.
Post Comment
© 2023 T
ech Caffeine • Built with GeneratePress
Contact Us Privacy Policy T
erms Disclaimer About Us